Once upon a time, horse-drawn carriages were the primary means of transportation for those who did not ride horses themselves.
Asana, Inc. trades at a steep discount to SaaS peers, with a P/S ratio of 4.4x versus higher-growth competitors. ASAN's operational efficiency is improving, with non-GAAP gross margins near 90% and positive free cash flow of $65M TTM. AI-driven product initiatives, including AI Teammates and Smart Workflows, position ASAN to enhance stickiness and pricing power.
Asana, Inc. (ASAN) Presents at Barclays 23rd Annual Global Technology Conference Transcript
| Software Industry | Information Technology Sector | Daniel Mark Rogers CEO | XMUN Exchange | US04342Y1047 ISIN |
| US Country | 1,819 Employees | - Last Dividend | - Last Split | 30 Sep 2020 IPO Date |
Asana, Inc. is a prominent provider of a work management platform that caters to a wide range of users, from individuals and team leads to executives, both in the United States and internationally. The company, initially known as Smiley Abstractions, Inc., underwent a name change to Asana, Inc. in July 2009. Asana’s mission is centered on enabling organizations to effectively orchestrate their work, ranging from daily tasks to strategic initiatives that require cross-functional collaboration. Asana supports teams in managing work across various projects or workflows, monitoring progress against set goals, identifying potential bottlenecks and resource constraints, and marking significant milestones. Furthermore, it facilitates company-wide communication regarding goals, allowing for real-time oversight and insights into projects and portfolios. With its foundation laid in 2008 and headquartered in San Francisco, California, Asana serves a diverse clientele spread across numerous industries such as technology, retail, education, non-profit, government, healthcare, media, manufacturing, professional services, and financial services.
Asana, Inc. offers a comprehensive work management platform that includes:
These offerings cater to a wide array of industries, ensuring that regardless of the field, Asana provides a solution tailored to manage work efficiently and foster collaboration among teams.